Shares have plunged and an electric future will not be sufficient to keep investors onboard Go to Source
Tag: Toyota
Toyota truck unit shares plunge after it admits cheating on emissions data
Hino says it falsified diesel engine performance and fuel economy figures for some vehicles manufactured in Japan Go to Source
Truck maker Hino reveals years of faked emissions data
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@Toyota: Statement Concerning the Fuel Efficiency Performance of Our Coaster Small Bus
Toyota Motor Corporation (Toyota) has learned that the actual fuel economy performance of the Toyota Coaster small bus featuring the N04C engine (with a urea selective catalytic reduction system) developed and manufactured by Hino Motors, Ltd. (Hino) and subject to Japan’s 2016 exhaust emission regulations (Post-post New Long-term Emissions Regulations), is lower than as stated… Continue reading @Toyota: Statement Concerning the Fuel Efficiency Performance of Our Coaster Small Bus
Toyota halts all operations in Ukraine, manufacturing and import stopped in Russia too
Image for representational purpose only. The ongoing conflict between Russia and Ukraine, has impacted manufacturing operations for almost every organisation and sector having exposure to either or both of these countries. In fact, with several automotive companies already announcing their plans to stop business activities in Russia, Japanese carmaker Toyota too has shared an update.… Continue reading Toyota halts all operations in Ukraine, manufacturing and import stopped in Russia too
Polestar’s second concept car is a convertible with an integrated drone
With the Polestar 2 already in production, Polestars 3 and 4 on the horizon and the Precept concept slated to become the Polestar 5 in 2024, Polestar the company has just unveiled its latest electrified vehicle idea: the Polestar O2 convertible concept. Polestar “Polestar O2 is our vision of a new era for sports cars,”… Continue reading Polestar’s second concept car is a convertible with an integrated drone
@Toyota: Toyota statement on Russian local manufacturing and vehicle imports
Like everyone around the world, Toyota is watching the ongoing developments in Ukraine with great concern for the safety of people of Ukraine and hopes for a safe return to peace as soon as possible. Go to Source
S Korea’s Hyundai Motor plans to invest $16b in EV push
South Korea’s Hyundai Motor Co said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses. Hyundai Motor, which together with affiliate Kia Corp 000270.KS is among the world’s top 10 biggest automakers by sales, targets to achieve a 7% market share in… Continue reading S Korea’s Hyundai Motor plans to invest $16b in EV push
@Toyota: TMC Announces Changes to Executive Structure and Senior Professional/Senior Management Employees
Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure and senior professional/senior management employees effective April 1, 2022, and changes to its Board of Directors and Audit and Advisory Board effective the date of its 118th Ordinary General Shareholders’ Meeting as described below. Go to Source
@Toyota: Resumption of Operations at Domestic Plants from March 2 (Wed.)
Due to a system failure at a domestic supplier (KOJIMA INDUSTRIES CORPORATION), we suspended our operations on all 28 lines at 14 domestic plants in Japan today, Tuesday, March 1. However, we have decided to resume all operations from the first shift tomorrow, Wednesday, March 2. Go to Source